The Downtown Lafayette housing market is not very competitive. The median sale price of a home in Downtown Lafayette was $133K last month, down 40.9% since last year. The median sale price per square foot in Downtown Lafayette is $138, down 7.4% since last year.
What is the housing market like in Downtown Lafayette today?
In March 2024, Downtown Lafayette home prices were down 40.9% compared to last year, selling for a median price of $133K. On average, homes in Downtown Lafayette sell after 11 days on the market compared to 12 days last year. There were 10 homes sold in March this year, up from 4 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$132,500
-40.9% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Downtown Lafayette, LA
$132,500
-40.9%
United States
To compare other locations to the Downtown Lafayette and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Lafayette add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Downtown Lafayette housing market?
Downtown Lafayette is not very competitive. Homes sell in 91 days.
0
100
3
Not Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Multiple offers are rare.
The average homes sell for about 6% below list price and go pending in around 91 days.
Hot homes
can sell for about 1% below list price and go pending in around 27 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
97.1%
-2.3 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Downtown Lafayette, LA
97.1%
-2.3 pt
United States
Home offer insights for Downtown Lafayette
Explore recent offers and recently sold homes in Downtown Lafayette
Recent offers
View houses in Downtown Lafayette that sold recently
Learn about schools in the Downtown Lafayette area
Elementary
Middle
High
GreatSchools Rating
No elementary schools in this region.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Downtown Lafayette housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown Lafayette.
Risk Factor
Flood Factor - Moderate
43% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Lafayette has a moderate risk of flooding. 334 properties in Downtown Lafayette are likely to be
severely affected
by flooding over the next 30 years. This represents 43% of all properties in Downtown Lafayette. Flood risk is increasing slower than the national average.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Downtown Lafayette has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Downtown Lafayette is most at risk from hurricanes. 1,217 properties in Downtown Lafayette have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 143 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 148 mph.
83% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Downtown Lafayette has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 83% of homes in Downtown Lafayette have an Extreme Heat Factor®.
Downtown Lafayette is expected to see a 200% increase in the number of days over 108ºF over the next 30 years. Downtown Lafayette is expected to experience 7